UK's Ofcom to Enforce New Online Safety Act with Potential Heavy Fines

From December, tech companies must comply with stringent online safety measures or face significant penalties.

Ofcom, the UK's communications regulator, warns tech firms of substantial fines for non-compliance with the Online Safety Act starting this December.
The new law mandates tech companies to conduct risk assessments for illegal content and implement safety measures, particularly to protect children.
Companies failing to meet obligations may face fines up to 10% of their global revenue; persistent offenders could see senior managers jailed.
Ofcom has already prompted changes in platforms like Meta, Snapchat, and OnlyFans to enhance user safety, especially for minors.
By 2025, Ofcom plans to finalize guidance on children's access and age verification for adult content, marking a pivotal year for online safety.